Thursday, June 12, 2008

FXOPEN SCAM CASE

I had been using this company for 3 months without any problems. Withdrawing of funds is not a problem. But during this month non-farm payroll news period, i got a 60 PIPS slippage on EURO/USD! Their explanation: they encounter gaps during the news. But i find this unreasonable, they didn't even to offer any compensation. They just laugh it off as im unlucky!

The second trade is totally a scam! I initiated a CAD/USD (PMI news)trade 2 hours after non-farm payroll, i close the order at a profit of 50 pips.
The profit is credit into my account.

But after a few hours, the profit vanished!!!

Profit is removed from my account. The trade is still visible in the account histoy, with all the parameters intact but the profit is ZERO. I email them and demand an explaination, they gave me a same rude excuse as there are gaps after non farm payroll news too bad! After that they refuse to reply me, im very fortunate to retreive back all my fund from the firm.

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